Lowe's CEO Sells Near Multiyear High

Robert A. Niblock sold $3.8 million in shares of the home-improvement retailer.

Not long after reached a multiyear high, insiders including the chief executive are nailing down sales.

On March 5, CEO and Chairman Robert A. Niblock sold 97,769 shares of Lowe's (ticker: LOW) for $3,766,196, an average of $38.52 each. Niblock now directly holds 584,566 shares, an amount that represents a stake of less than 1% in the...